CT 2017 Displays Economic Strength Locally & Globally

New CT Economic Review Shows How Well the State Compares Locally, Globally

By Kristi Sullivan, 860-571-6213 3/21/2017

The 2017 edition of the popular Connecticut Economic Review, produced by the Connecticut Economic Resource Center, Inc. and Eversource, is now available online and in print.
Used extensively for state business recruitment efforts both domestically and internationally, this 19th annual Connecticut Economic Review features facts about Connecticut’s economic landscape and comparisons to other states and countries in areas of talent, location, innovation, industries, resources and quality of life. Below are a few highlights of where Connecticut ranks:

• #1 in share of insurance employees across the U.S.
• #2 in most assets managed by state-headquartered hedge funds
• #3 in the U.S. for percentage of employees with advanced degrees
• #3 for national economic output per job
• #4 in the U.S. for private research & development investment per capita
• #4 in the nation for bioscience patents per capita
• #5 for quality of life in the U.S.

“Our research experts analyze key economic indicators to determine how Connecticut ranks against other regional, national and international locations,” said Robert Santy, CERC President and CEO. “It ultimately places Connecticut at the forefront for attracting investment and potential new business growth, which is consistent with the missions of CERC and the State of Connecticut.”
The report was produced with assistance from the Department of Economic and Community Development (DECD) and its marketing agency, Adams & Knight.
“For economic development professionals, the Connecticut Economic Review is invaluable for helping boost their efforts promoting Connecticut to the business community as a competitive location for their companies,” said Bart Kollen, DECD Deputy Commissioner and CERC’s Board Vice Chair.
The publication can be found online. To receive a hard copy of the publication, please contact 1-800-392-2122 or email info@cerc.com.